Disgraced FTX founder Sam Bankman-Fried will be arraigned by the U.S. District Court for the Southern District of New York next week. Court documents set Bankman-Fried’s arraignment on Jan...
Tag: Breaking
Bitcoin, ether dip as crypto stocks trade higher
Crypto prices dipped after a week of relatively flat trading, while crypto-related stocks traded higher with Coinbase adding 2%. Bitcoin traded at around $16,700 at 9:30 a.m. ET, dropping about ...
Gemini, Winklevoss twins facing potential class action from investors
The Winklevoss twins and their Gemini Trust Co. are facing a potential class action lawsuit for failing to register its interest-bearing accounts as securities. Investors accused the company and...
Record Breaking Year For Sports Deals Sends Values Soaring For These Teams
Devin Booker of the Phoenix Suns high fives fans as he walks off the court. Even before the Ishbia brothers announced plans to pay a record sum for the Suns, the team had soared in value in 2022. Gett...
Argo Blockchain to sell Helios mining facility to Galaxy Digital
Bitcoin miner Argo Blockchain agreed to sell its Helios mining facility to Galaxy Digital for $65 million. The company has been trying to avoid bankruptcy as it struggles with cash flow issues ...
Mango Markets exploiter arrested in Puerto Rico for alleged market manipulation
Authorities are not buying that code was law in the $114 million exploit of a decentralized exchange. Federal authorities have arrested Avraham Eisenberg in Puerto Rico for his exploit of decen...
Coinbase all-time low kicks off slow holiday week
Coinbase fell 8% to an all-time low of $32.65 in a slow day of trading alongside the S&P 500 and Nasdaq. Other crypto-related stocks fell, including Galaxy Digital and MicroStrategy. &...
DeFi trader Mercurial rebrands to distance itself from FTX collapse
Stablecoin DEX Mercurial is rebranding to Meteora in an attempt to distance itself from FTX. Mercurial, which provides liquidity for major stable and pegged assets on Solana, said it will repla...
Crypto markets little changed after Christmas; Bitcoin at $16,800
Crypto prices have mostly kept steady through the beginning of the week, with bitcoin and ether fluctuating 0.2% over the past 24 hours. The coins traded at around $16,800 and $1,200, respective...
Bitcoin miner Argo Blockchain suspends Nasdaq trading pending announcement
Bitcoin miner Argo Blockchain requested that trading be temporarily suspended on Nasdaq pending an announcement by Wednesday’s open. Trading is expected to resume on Wednesday, it said in ...
BTC.com parent BIT Mining hacked, $3 million in assets taken
BTC.com parent company BIT Mining Limited said it was hacked earlier this month, with about $700,000 in client assets and $2.3 million in company assets stolen. The publicly-traded firm said it ...
BitKeep crypto wallets hacked after thieves create ‘unofficial’ Android app
BitKeep user wallets have been hacked and funds stolen. The theft appears to have occurred on unofficial APK package downloads that were hijacked and installed with code implanted by hackers. So...
Judge withdraws from Bankman-Fried case, citing potential conflict of interest
District Judge Ronnie Abrams withdrew her participation from legal proceedings around crypto exchange FTX’s disgraced former CEO and founder, Sam Bankman-Fried, amid a potential conflict of inte...
Alibaba Stock Flashed This Key Volume Sell Signal Before Breaking Down
Watching your stock hit new highs day after day can be thrilling, but don’t just look at the price action. Volume levels provide valuable clues too, as Alibaba stock did last year. X If a stock ...
MATIC Seen Breaking Present Support With Sustained Momentum
MATIC has shown rapid accumulation or increase in the supply since the final days of November. More so, there was also an increased demand seen in the derivatives market which could be the outcome of ...
3 Things to Watch to Identify Bitcoin’s Breaking Point: DataDash
DataDash founder a veteran crypto analyst Nicholas Merten predicts more pain ahead for Bitcoin’s price based on a combination of technical indicators and macroeconomic pressures. The analyst referenc...
Breaking: FTX’s Sam Bankman-Fried to get bail on $250 million bond
Sam Bankman-Fried will be granted bail on a $250 million bond The former bigwig will be released to his parent’s house in California under strict supervision FTX founder – Sam Bankman-Fried – is set t...
Bahamas government says Bankman-Fried will depart Wednesday
Sam Bankman-Fried, the former CEO of the collapsed FTX crypto exchange, will depart the Bahamas on Wednesday evening to be extradited to the U.S., the Office of the Attorney General said in an emailed...
Core Scientific eyes sale of up to 1 gigawatt worth of facilities amid bankruptcy: Exclusive
Core Scientific may sell up to 1 gigawatt worth of its sites under development after filing for Chapter 11 bankruptcy protection, The Block has learned. “The likelihood of us selling asset...
Genesis and DCG creditor committee propose plan for asset recovery
Houlihan Lokey, an investment and financial services firm, presented a liquidity resolution plan on behalf of the creditor committee for the crypto broker Genesis and its parent company, DCG. Ge...
Bankman-Fried extradition to U.S. approved: WSJ
Sam Bankman-Fried is headed back to the U.S. to face criminal charges over the collapse of FTX after a judge approved his extradition from the Bahamas, the Wall Street Journal said. Bankmnan-Fri...
Bitcoin (BTC) Reaching Its ‘Breaking Point’ Before Major Capitulation, Says Crypto Analyst Nicholas Merten
Crypto analyst Nicholas Merten is warning that Bitcoin (BTC) is inches away from a “breaking point” which could cause a major capitulation event. In a new video update, Merten tells his 511,000 YouTub...
Brazil’s cryptocurrency regulation set to become law at midnight
Cryptocurrency regulation in Brazil is poised to become law at midnight local time. The bill, which was approved by the Chamber of Deputies two weeks ago, aims to regulate providers of virtual a...
Coinbase approved as Virtual Asset Service Provider by Irish central bank
Coinbase was granted approval by the Central Bank of Ireland to operate as a Virtual Asset Service Provider (VASP). The registration means the company can continue to provide products and servic...
Bitcoin, crypto prices little changed as Coinbase, Block trade higher pre-market
Crypto prices were little changed over the past day while Coinbase and Block shares traded higher in pre-market hours. Bitcoin was trading at around $16,800 at 9 a.m. EST, up 0.2% over the past...
Greenidge deal with lender NYDIG would see miner shift to hosting
Troubled bitcoin miner Greenidge Generation signed a non-binding deal to sell a majority of its mining machines to lender NYDIG in an effort to pay down $74 million in debt. The miner would then...